News

Oracle shares soar as AI cloud demand propels revenue forecast
Oracle shares surged nearly eight per cent in premarket trading on Thursday after the company raised its annual revenue forecast, driven by strong demand for its AI-related cloud services.
The Daily Chase: Boeing 787 plane crashes in India
Boeing 787 Dreamliner plane operated by Air India that was bound for London has crashed shortly after taking off from the Ahmedabad airport in western India. The flight was carrying 242 passengers and ...
Wall Street dips in premarket and another Boeing crash sends the troubled company’s shares tumbling
Wall Street trended lower in premarket trading early Thursday as the crash of another Boeing passenger jet dominated headlines and sent the troubled aerospace giant’s stock spiraling.
BlackRock aims to grow revenue to US$35 billion and more by 2030
BlackRock said on Thursday it was aiming to grow its revenue to $35 billion and more by 2030, as the asset management giant expands its foothold in private markets.
Transat A.T. reports $22.9M Q2 loss, revenue up from year ago
Transat A.T. Inc. reported a net loss of $22.9 million in its latest quarter compared with a loss of $54.4 million in the same quarter last year as its revenue rose 5.9 per cent.
Innovation takes a backseat at small U.S. companies as tariffs become a full-time preoccupation
The potential stunting of innovation follows an economic slowdown during the coronavirus pandemic, when companies also had to put projects on hold. Some experts think the on-again-off again tariffs ...
Russia recruited a Canadian teenage spy. His arrest led to a crypto money trail
The Canadian teenager was getting anxious. It was May 2024, and he was in Copenhagen, running out of money after leaving ...
Critical minerals give China an edge in trade negotiations
China’s dominance over critical minerals in global supply chains was a powerful bargaining chip in trade talks between Beijing and Washington that concluded with both sides saying they have a ...
Cenovus Energy restarts production at Christina Lake oil sands
Canadian oil producer Cenovus Energy said on Thursday it had restarted production at its Christina Lake oil sands facility in Alberta, following a temporary shutdown due to nearby wildfire activity.
Liberal MP criticizes Modi’s G7 invitation in meeting with Prime Minister Carney
B.C. Liberal MP Sukh Dhaliwal said he met with Prime Minister Mark Carney Wednesday morning to push back against the decision to invite Indian Prime Minister Narendra Modi to the G7 summit in Alberta ...
Euro hits highest since late 2021, safe-haven Swiss franc and yen jump
The euro hit its highest level in almost four years against the U.S. dollar as investors rushed into safe-haven assets on Thursday while remaining cautious about the impact of the U.S.-China trade ...